NOT LISTED FOR SALE

1491 Spencer St Ferndale, MI 48220

Estimated Value: $212,000 - $227,774

3 Beds
1 Bath
1,017 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $150,000 $147 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,505/month

6 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio

About This Home

As of September 2019

PENDING INSPECTION, ACCEPTING BACKUP OFFERS ONLY. Completely remodeled Ferndale ranch! You won't find these types of finishes and this open layout anywhere for this price. Completely open layout with large island, granite countertops, stainless appliances, white shaker cabinets, recess lighting, and luxury laminate wood plank flooring throughout. Brand new Samsung stainless steel refrigerator replacing the one seen in the picture. Centrally located to downtown Ferndale, Detroit, Royal Oak and Hazel Park. Come see this one and make it home!

Last Agent to Sell the Property

Corey Light

@properties Christie's Int'l R.E. Birmingham License #6501350865 Listed on: 07/18/2019

@properties Christie's Int'l R.E. Birmingham

Co-Listed By

Pierre Binandeh

@properties Christie's Int'l R.E. Birmingham License #6501398502

Last Buyer's Agent

Brian Stecker

RE/MAX First License #6501374650

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2019

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x107.00

Home Design

  • 1,017 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ford Heights Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535409036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 1974 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1974
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1017
  • Total Sq Ft: 1017

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick Veneer (Brick Siding)
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1363636.3636
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X107.00
  • Parcel Number: 2535409036

Tax Info

  • Tax Amount Summer: 2024.0000
  • Tax Amount Winter: 44.0000
  • Total Tax: 2068.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 13, 2019
Sold by
Killu Ghassan
Bought by
Gross Laura
Seller's Agent
Corey Light
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Brian Stecker
RE/MAX First
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$221,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,194
Avg. Annual Appreciation
5.93%
Original Mortgage
$145,500
Outstanding Balance
$128,830
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$83,134

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 15, 2019
Sold by
Whittie Dennis C
Bought by
Killu Ghassan
Seller's Agent
Catherine McMurray
KW Platinum
Buyer's Agent
Pierre Binandeh
@Properties Collective
List Price
$107,900
Sold Price
$93,000
Premium/Discount to List
-$14,900
-13.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
220.89%
Original Mortgage
$74,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2002
Sold by
Galbraith Darin W
Bought by
Whittie Dennis G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gross Laura $150,000 Devon Title Agency
Killu Ghassan $93,000 Ata National Title Group Llc
Whittie Dennis G $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Laura $145,500
Closed Gross Laura $7,500
Previous Owner Killu Ghassan $74,400
Previous Owner Whittie Dennis $84,000
Previous Owner Whittie Dennis G $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $150,000 0.0% $147 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $150,000 +61.3% $147 / Sq Ft
04/15/2019 04/15/19 Sold $93,000 -6.9% $91 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/05/2019 01/05/19 Price Changed $99,900 -7.4% $98 / Sq Ft
10/15/2018 10/15/18 For Sale $107,900 -- $106 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,722 $88,950 $0 $0
2023 $3,934 $83,880 $0 $0
2022 $3,922 $73,290 $0 $0
2021 $3,927 $61,650 $0 $0
2020 $3,747 $57,820 $0 $0
2019 $1,797 $45,940 $0 $0
2018 $2,068 $39,100 $0 $0
2017 $1,747 $37,940 $0 $0
2016 $1,721 $33,400 $0 $0
2015 -- $30,260 $0 $0
2014 -- $26,270 $0 $0
2011 -- $29,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Light

    Seller's Agent in 2019

    Corey Light

    @properties Christie's Int'l R.E. Birmingham

    (248) 207-5544

    4 in this area

    105 Total Sales

    Corey Light
    Section Image

  • C

    Seller's Agent in 2019

    Catherine McMurray

    KW Platinum

    (586) 291-1492

    1 Total Sale

    Catherine McMurray
    Section Image
  • Pierre Binandeh

    Seller Co-Listing Agent in 2019

    Pierre Binandeh

    @properties Christie's Int'l R.E. Birmingham

    (248) 787-9200

    2 in this area

    117 Total Sales

    Pierre Binandeh
    Section Image
  • Brian Stecker

    Buyer's Agent in 2019

    Brian Stecker

    RE/MAX of Southeast Michigan

    (586) 457-0514

    99 Total Sales

    Brian Stecker
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219070982

Realcomp

APN: 25-35-409-036

Michigan Oakland County Ferndale 48220

1491 Spencer St, Ferndale, MI

This home is located at 1491 Spencer St, Ferndale, MI 48220 since 18 July 2019 and is currently estimated at $221,194, approximately $217 per square foot. This property was built in 1974. 1491 Spencer St is a home located in Oakland County with nearby schools including Hazel Park Junior High School and Hazel Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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